A robust weekly jobless claims report extends a winning streak for U.S. stocks heading into the new year. Is it more than just a Santa Rally? Alexandra Scaggs reports on Lunch Break.

This transcript has been automatically generated and may not be 100% accurate.

... I ... stocks and find me after robust weekly jobless claims report ... it's Thursday December twenty six welcome to lunch break down Veronica Dagher ... the King is his U S stocks poised to once again hit all-time highs ... is it more than just a Santa Rally ... joining us now is Wall Street Journal Markets reporter Alexandra Scaggs ... doodles FirstNet Smith repeating the receipt ... so this morning we got better than expected jobless claims data ... and this is the best report we've seen in a few weeks now usually they're a little bit volatile around the holidays together last season on Higher name hire seasonal staff can in ... getting into the next Fed over the long term we've really seen improvement in the labor market over the past few months now been sent to read here for the industry since other that entry here so we are up ... almost thirty percent on the Essen P five hundred which is really really astonishing ... E-mail a year ago I'm not sure too many people are looking for that sort of Ryan's ... UN really at a lot of growth has come in better than expected ... a lot of concerns that people had about the economy has been lifted ... and people are kind of just relaxing now and finally starting to believe in the stock market is placement that's ... now that recently restrained prisoners day in years they have really good return house what's behind that the UN to sell ... easily a lot of it and people are buying into the end of the year for tax purposes says they wanna add to their winters in southern reserves ... aam and also you know a lot of the times will be getting results and even some early results and found that at the fourth quarter started shopping season and ... on and so that that usually helps hopes this the stock market a little bit ... now and seems huge gains rate now because it's been funny to see in people's per fully as for the first time in awhile ... stocks are up in bonds are down ... we have this certain rebalancing effect for people attending from this fact were fully iSONEP adding to their bond portfolios because he had a really big ... a in balance there in the publication ... ranks owing to risk is ... they are ... based on your wrist not raise rates in this era seeing a few different things and playing ... aam but normally I'd between Christmas and New years are usually are pretty good returns selling it back into the sea and a rally that seven million Takashi in ... the land in two thousand fourteen what are investors were saying what some pots ... some people are saying that twenty fourteen could be another year of gains for stocks now I'm not saying that that people should be expecting thirty percent or twenty percent or even twenty five percent ... may never know um Kristina if we knew that BP ... managing money ... and in the town on an island somewhere ... on but it is it's funny to to see a guest people are are not wanting to call for another year of big gains but they also don't think stocks are going on there really very few things on the horizon to working people ... does this change and separately and then think she was she using less out Ikea ...